Red Eye - Swedish analysis

RE: followers: Do their recommendations have a similar effect to Inderes, where the value of small caps consistently jumps by about 5% when Inderes raises its target price? And the same, of course, in the other direction.

If over 50k€ / Shareholder membership (the norm was 29€ / year), then Mandatum is a pretty good place to play with a RE portfolio, i.e. first month costs 3€ and then 6€. It might not have all the same stocks as NN. Nordea is excellent, especially if the trades are small, as you get 1% fees. It might not have all Swedish stocks either, so for example, NGM is not traded at all.

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One can guess that from Carasentin’s move today :smiley: But yeah, it has an effect, the positive analysis after Smart Eye’s Q2 report at least affected the share price and Aston, which then got this forum going :joy:

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Today, for example, Carasent jumped +20% when RE started following it and gave a base scenario, so I’d say the effect is the same, if not even stronger :slight_smile:

RE: 41 trades have been made with the shares in the current model portfolio. The oldest holding was acquired on April 28, 2017. Portfolio management is active. I think the price is cheap compared to the benefit achieved.

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A quick estimate based on one day’s experience is about one trade per month. If you don’t want to actively follow it, I wouldn’t recommend trailing. Because the choices seem to be slightly riskier than, for example, the Inderes model portfolio, and without home-field advantage, you would be completely in the dark about what’s happening there.
You can also access Swedish technology stocks or small firms through excellent funds; their offerings seem to be much higher quality than in Finland.

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I think it would be natural for Inderes to expand from Finland to other Nordic countries and start following companies listed on their stock exchanges. The Finnish stock exchange can be quite pitiful sometimes, especially when it comes to finding new success stories :slight_smile:

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If not already, here is Carasent’s analysis. It’s available for free.

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We’re waiting for Inderes and Red Eye to merge; that would make quite a Nordic powerhouse in their field ping @Mikael_Rautanen :flexed_biceps:

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It must also be taken into account that the relative price drops quickly if the Top picks portfolio continues with its historical +35% annual return.

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That’s a bit over twenty euros a month, and you can deduct the price from your taxes and get some of it back. Many people spend that much on a paid channel package, for example.

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So, how about you start with a bundle deal where an Inderes Premium membership and an RE membership would be available at a cheaper combined price than both separately?

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This would be awesome. Inderes becoming the leading analysis firm in Northern Europe :smile:

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The average forum reader might not remember the times when Fingerprint Cards was a red-hot favorite stock among small investors. In the euphoria of the rise, Redeye wrote a convincing analysis of the company and set target prices of bear case 45 SEK, base case 125 SEK, and bull case 295 SEK (split-adjusted). Subsequently, the hype faded, and quite a few people probably lost their money. In recent years, FPC’s stock has hovered between 10-20 kronor.

Of course, this reminiscing has nothing to do with the present. :sweat_smile: It just reminds me of this case whenever I read Redeye’s analyses, where company x grows hundreds of percent and conquers the world.

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Right, I was looking at Inderes’s 10-year portfolio curve, and of course, you can’t directly take the 2016 - present segment from it, as the rise is relative to the initial capital from 2011 :slight_smile:

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Does this say more about the level of Swedish companies than accuracy? If there haven’t been as well-performing companies in Helsinki that Inderes follows? There have been some pretty good stock rockets in our western neighbor in the last 5 years, without knowing anything about RE’s model portfolio.

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Of course, there are more companies listed on the Stockholm stock exchange to choose from, rightly or wrongly. A Kauppalehti article from a couple of years ago provides an illustrative picture of IPOs. It’s also true that there are better returns to be found among our neighbor’s small caps.

The article’s headline quite accurately describes the prevailing sentiment about the neighboring markets :grinning_face_with_smiling_eyes:

Stockholm is a wild west treasure trove for investors - over 300 companies lack analyst coverage

At that time, Redeye was following 70 companies; that number has probably grown by today.

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Alta Fox’s multibagger study also had a good summary of the contribution of different markets to multibaggers. For example, among the Nordic countries, Sweden was clearly overrepresented for its size. In terms of sectors, healthcare and tech were overrepresented.

So today I bought Redi’s premium and a SaaS tech company active in Swedish healthcare :sweat_smile::man_shrugging:

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It’s really great that an active community of investors is also developing around the fork (RE) and, through it, the stock exchange offerings of other Nordic countries.

The statistics posted above also confirm that taking a peek at our neighbors can be very smart, and investment opportunities, at least, increase significantly. :ok_hand:

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How does Redeye’s analysis offering compare to Inderes’ analysis? Is there a comprehensive report available, and then more detailed analyses in connection with interim reports, or how does it work?

I saw that in some cases, billing is based on the number of companies. In such cases, do you have to choose the companies to follow immediately, and if so, on what basis can you change them? I probably could have found it in some terms and conditions, but I’ll ask here in case someone already has experience and can describe the situation in plain language.

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